![Global Donkey Milk Market](https://res.cloudinary.com/devmoveo/image/upload/v1680765696/skyquest/gallery/Global-Donkey-Milk-Market.jpg)
Report ID: SQMIG30H2083
Report ID:
SQMIG30H2083 |
Region:
Global |
Published Date: April, 2024
Pages:
198
|
Tables:
59 |
Figures:
74
Global Donkey Milk Market size was valued at around USD USD 25.50 billion in 2022 and is poised to grow from USD 28.02 billion in 2023 to USD 59.64 billion by 2031, at a CAGR of 9.9 % over the forecast period (2024-2031).
This is credited to the product's growing use in the European economies of the U.K. and Germany. Additionally, it is anticipated that the market will expand during the forecast period due to increasing consumer demand for skincare products and powder-based jenny milk globally. Due to donkey's milk having advantages like a high vitamin content and the capacity to strengthen the immune system, its use has grown during the COVID-19 era, which has in turn fueled market growth.
The main driver driving market expansion is the rising acceptance of jenny milk as a means of supplying important antioxidants and nutrients. In addition, it is anticipated that increasing demand for highly digestible milk products in developing nations like China and India will support business growth. The market for donkey milk is expected to grow as a consequence of an increase in demand for natural ingredients and the current clean branding trend. The market is anticipated to reap advantages to the rising demand for affordable cosmetics and personal care products.
However, the growth of the donkey milk market has been constrained by the expensive maintenance costs related to running milk dairy equipment. To attract milk consumers, major businesses are right now acquiring fat-free omega-3 jenny milk in powder form. As a result, during the period of the assessment, the market is anticipated to exhibit significant market growth. Donkey's milk is high in dietary energy and protein, making it suitable as part of a healthy diet and dairy products, said the Food and Agriculture Organization (FAO).
The manufacture of cheddar, candies, and other dairy products mostly uses donkey milk. Given that it includes proteins and lactose, its characteristics are almost identical to those of human milk. Typically, it is used as a substitute for babies who are allergic to the proteins in cow's milk. Additionally, it has substances that boost the immune system, protecting young children from contaminants and diseases. Additionally, a pathogenic microorganism can be stopped by the high lysozyme focus.
It is expected that increasing investment from the major players based in the U.K. will fuel market growth. Value-added fat-free jenny milk is purchased by the market's top competitors. The body's elimination increases by drinking this fat-free milk. Consumer demand for soap and cosmetics in the European region is growing quickly, which is driving the growth of the industry.
US Donkey Milk Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG30H2083